It was a proud moment for Essar Projects (India) Limited (EPIL) at the 5th EPC World Awards held at New Delhi on December 18, 2014. The company was awarded the ‘Fastest Growing Company in Minerals and Metals Sector’. Mr Subbarao Namala, COO, Minerals and Metals (M&M) SBU, EPIL, received the award on behalf of the company.
The EPC World Awards are presented annually by EPC World Media. They are the publishers of business-to-business (B2B) magazines that cover the Indian sub-continent, Middle East and South East Asia. The awards acknowledge the achievements of companies and individuals across the infrastructure, construction and real estate sectors.
The winners were decided after a stringent two stage evaluation process developed by EPC World Media and Ernst & Young. In the first stage, nominations were assessed on various parameters including financial health, project execution capabilities, environment and safety record, and human resource capabilities. The second stage involved evaluation by an independent jury panel.
What is significant is that EPIL is the first recipient of the ‘Fastest Growing Company in Minerals and Metals Sector’ award. The category was first introduced in the 5th EPC World Awards.